The Company S Annual Tax Rate Is 25 1 (174.77 KiB) Viewed 31 times
Year o Year 1 Year 2 Year 3 Year 4 Year 5 Initial investment EBIT - Taxes -A Depreciation XT + Salvage value - Tax on salvage - NOWC + Recapture of NOWC Total free cash flow The net present value (NPV) of this replacement project is: $521,494 O $443,270 O $625,793 O $599,718
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